Xerox Holdings Corporation XRX recently announced that it has completed the acquisition of Competitive Computing (C2), an IT-services provider.C2 has been serving Vermont, New England, and other U.S. clients for more than 28 years.C2 will be joining the Xerox IT Services team. The combined entity is expected to offer enhanced IT and business services for its expanding client base, create significant employee growth opportunities, and continue expanding in the Vermont community.Joanne Collins Smee, chief commercial, SMB and channels officer at Xerox, stated, "We're focused on expanding the reach of Xerox IT services to offer our clients automation, digitization, and security to lower operating costs, increase reliability and improve productivity." She further added, "C2's capabilities and scale will help accelerate our growth, creating new avenues for us to support growth for small and medium sized businesses."With the global IT services market being valued at more than $350 billion annually, the latest deal seems to be a strategic move on Xerox's part to expand its IT services business. With the company accelerating its push into the market, it might have to lock horns with the likes of ServiceNow NOW, EPAM Systems EPAM and CDW Corporation CDW.Xerox has previously acquired ITEC Connect, a U.K.-based IT services company, and Digitex, a Canada-based IT services provider, in March 2020. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Xerox Holdings Corporation (XRX): Free Stock Analysis Report EPAM Systems, Inc. (EPAM): Free Stock Analysis Report ServiceNow, Inc. (NOW): Free Stock Analysis Report CDW Corporation (CDW): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research